§ 62-05 Licensing – Specific Information Required.
RCNY § 62-05
(a)Location of Business Premises. The Applicant must provide the physical address of the location where the Applicant will conduct business.
(b)Prior Business or Occupation of Applicant. The Applicant must provide information on the prior business or occupation of the individual Applicant or, if a Business Entity, information on the Applicant's Business Entity Persons during the two years immediately before the date of the application. The information must specify the place or places of the business or occupation and the name or names of employers.
(c)Potential Conflicts of Interest.
(1)The Applicant must disclose all information about Applicant's interests if the Applicant or any principal of the Applicant or any Related Party of Applicant also: (i) Acts as a lender, insurance broker, or automobile dealer; (ii) Has a financial interest in a lender, insurance broker, or automobile dealership; or (iii) Has a financial interest in any business primarily serving applicants or holders of TLC-issued taxicab licenses or offering products or services targeted to applicants or holders of TLC-issued taxicab licenses or which specifically advertises to applicants or holders of TLC-issued taxicab licenses.
(2)Such disclosure must be made at the time of submission of an Application for a new or renewal Broker license in the form and manner prescribed by the Commission.
(3)The disclosure on file with the Commission must be updated within 30 days of any material change in the terms of the disclosure. 35 RCNY § 62-05(c)(3)Fine: $2,500 - $10,000 and/or suspension or revocationAppearance REQUIRED (4) The TLC may post such disclosures on its web site or otherwise make them publicly available.
(5)The Applicant must disclose the names of its employees at the time of application.
(d)Additional Information as Required by the Commission. The Applicant must provide any additional information the Commission may require to determine if the Applicant is qualified to assume the duties and obligations of a Taxicab Broker. (Amended City Record 2/12/2020, eff. 3/13/2020)
